Asian Paints Ltd
NSE: ASIANPAINT BSE: 500820
₹2339.10
(1.19%)
Mon, 12 Oct 2026, 10:15 pm
Market Cap (in Cr)224931.87
PE Ratio47.08
Dividend1.17
Process Industries
Industrial Specialties
24.5KAsian Paints Financials
| Particulars | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total revenue | 29.03B | 36.68B | 44.04B | 54.63B | 66.76B | 77.05B | 96.24B | 105.00B | 121.41B | 134.92B | 141.36B | 150.31B | 166.80B | 191.07B | 200.95B | 215.30B | 289.82B | 344.28B | 354.38B | 338.59B |
| Gross profit | 4.12B | 11.00B | 13.90B | 15.41B | 22.33B | 24.64B | 29.77B | 29.88B | 34.61B | 39.58B | 45.12B | 50.38B | 52.13B | 55.96B | 61.56B | 67.51B | 76.41B | 98.91B | 116.75B | 102.03B |
| Operating expenses (excl. COGS) | -891.71M | -6.85B | -7.97B | -9.29B | -10.91B | -12.65B | -15.68B | -14.17B | -17.72B | -21.03B | -19.75B | -24.66B | -24.85B | -25.21B | -27.98B | -28.05B | -35.81B | -42.95B | -48.29B | -51.10B |
| Selling/general/admin expenses, total | — | -6.48B | -7.75B | -9.27B | -10.65B | -12.45B | -15.45B | -13.88B | -17.36B | -20.62B | -20.61B | -23.11B | -24.41B | -24.74B | -27.50B | -27.55B | -36.27B | -42.70B | -47.45B | -48.80B |
| Research & development | — | — | — | — | — | — | — | — | — | — | -605.70M | -686.10M | -693.80M | -872.60M | -836.30M | -809.90M | -905.90M | -1.05B | -1.16B | -1.23B |
| Selling/general/admin expenses, other | — | -6.48B | -7.75B | -9.27B | -10.65B | -12.45B | -15.45B | -13.88B | -17.36B | -20.62B | -20.00B | -22.43B | -23.72B | -23.87B | -26.66B | -26.74B | -35.36B | -41.64B | -46.29B | -47.57B |
| Other operating expenses, total | -891.71M | -373.74M | -222.20M | -14.00M | -260.50M | -198.30M | -228.20M | -286.50M | -361.70M | -408.90M | 855.50M | -1.55B | -437.90M | -470.40M | -484.10M | -505.90M | 453.80M | -253.60M | -847.10M | -2.31B |
| Operating income | 3.23B | 4.15B | 5.93B | 6.13B | 11.42B | 11.99B | 14.10B | 15.71B | 16.89B | 18.54B | 25.37B | 25.72B | 27.28B | 30.75B | 33.58B | 39.46B | 40.59B | 55.96B | 68.46B | 50.93B |
| Non-operating income, total | 159.04M | 71.68M | 338.90M | -7.40M | 1.15B | 612.90M | 443.30M | 838.30M | 1.45B | 2.23B | 764.70M | 3.62B | 3.41B | 1.96B | 2.25B | 3.30B | 967.80M | -13.00M | 3.69B | -1.30B |
| Interest expense, net of interest capitalized | -114.28M | -189.11M | -211.60M | -263.20M | -284.70M | -222.30M | -409.70M | -366.50M | -479.90M | -422.40M | -438.20M | -341.60M | -390.90M | -1.07B | -1.08B | -826.30M | -945.90M | -1.43B | -2.03B | -2.26B |
| Interest capitalized | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Non-operating income, excl. interest expenses | 349.32M | 385.76M | 557.00M | 268.20M | 1.43B | 836.70M | 860.00M | 1.20B | 2.04B | 2.92B | 1.27B | 3.41B | 3.36B | 2.54B | 2.57B | 3.09B | 2.03B | 1.06B | 2.58B | 1.53B |
| Non-operating interest income | 17.54M | 14.31M | 44.70M | 56.90M | 110.60M | 104.80M | 64.50M | 137.30M | 138.70M | 115.10M | 224.40M | 331.40M | 394.90M | 394.90M | 657.10M | 673.20M | 927.20M | 1.21B | 1.70B | 1.80B |
| Miscellaneous non-operating expense | 331.78M | 375.47M | 512.30M | 211.30M | 1.32B | 731.90M | 795.50M | 1.07B | 1.90B | 2.80B | 1.05B | 3.08B | 2.96B | 807.50M | 745.20M | 2.42B | 1.10B | -169.60M | 881.00M | -270.10M |
| Unusual income/expense | -76.00M | -124.97M | -6.50M | -12.40M | -2.20M | -1.50M | -7.00M | 0 | -101.40M | -268.70M | -70.30M | 553.20M | 443.60M | 497.50M | 763.40M | 1.04B | -117.90M | 355.10M | 3.14B | -568.50M |
| Pretax income | 3.39B | 4.22B | 6.27B | 6.12B | 12.57B | 12.60B | 14.54B | 16.55B | 18.34B | 20.77B | 26.14B | 29.34B | 30.68B | 32.71B | 35.83B | 42.76B | 41.56B | 55.95B | 72.15B | 49.62B |
| Taxes | -1.27B | -1.42B | -1.97B | -1.90B | -3.73B | -3.79B | -4.33B | -4.96B | -5.72B | -6.50B | -8.44B | -9.43B | -10.41B | -10.98B | -8.55B | -10.98B | -11.03B | -14.94B | -17.90B | -13.93B |
| Non-controlling/minority interest | 23.25M | -20.60M | -188.70M | -216.40M | -482.70M | -381.10M | -318.50M | -456.40M | -439.50M | -321.80M | -576.20M | -768.20M | -585.90M | -521.20M | -690.20M | -674.60M | -542.40M | -888.80M | -974.60M | -424.80M |
| After tax other income/expense | 0 | 26.48M | -15.90M | -22.70M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net income before discontinued operations | 2.13B | 2.81B | 4.09B | 3.98B | 8.36B | 8.43B | 9.89B | 11.14B | 12.19B | 13.95B | 17.45B | 19.14B | 19.69B | 21.62B | 27.10B | 31.39B | 30.31B | 41.06B | 54.60B | 36.67B |
| Net income | 2.13B | 2.81B | 4.09B | 3.98B | 8.36B | 8.43B | 9.89B | 11.14B | 12.19B | 13.95B | 17.45B | 19.39B | 19.71B | 21.56B | 27.07B | 31.39B | 30.31B | 41.06B | 54.60B | 36.67B |
| Dilution adjustment | 0 | -26.48M | 15.90M | 22.70M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Preferred dividends | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Diluted net income available to common stockholders | 2.13B | 2.78B | 4.11B | 4.00B | 8.36B | 8.43B | 9.89B | 11.14B | 12.19B | 13.95B | 17.45B | 19.39B | 19.71B | 21.56B | 27.07B | 31.39B | 30.31B | 41.06B | 54.60B | 36.67B |
| Basic earnings per share (Basic EPS) | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Diluted earnings per share (Diluted EPS) | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| EBITDA | 3.83B | 4.74B | 6.51B | 6.87B | 12.25B | 13.12B | 15.31B | 17.29B | 19.34B | 21.20B | 28.13B | 29.07B | 30.88B | 36.97B | 41.38B | 47.37B | 48.76B | 64.54B | 76.99B | 61.19B |
| EBIT | 3.23B | 4.15B | 5.93B | 6.13B | 11.42B | 11.99B | 14.10B | 15.71B | 16.89B | 18.54B | 25.37B | 25.72B | 27.28B | 30.75B | 33.58B | 39.46B | 40.59B | 55.96B | 68.46B | 50.93B |
| Total operating expenses | -25.81B | -32.53B | -38.11B | -48.50B | -55.34B | -65.06B | -82.14B | -89.29B | -104.52B | -116.38B | -115.98B | -124.59B | -139.53B | -160.32B | -167.37B | -175.85B | -249.22B | -288.32B | -285.92B | -287.67B |
| Prepaid expenses | 850.00K | 183.68M | 298.90M | 96.90M | 14.95B | 18.87B | 14.70M | 48.30M | — | — | — | 82.20M | 46.80M | 0 | — | — | — | — | — | — |
| Deferred income, current | — | — | — | — | — | — | — | — | — | 27.50M | 128.70M | 184.70M | 173.30M | 132.00M | 288.50M | 415.60M | 766.00M | 1.09B | 1.54B | 4.25B |
| Capital and operating lease obligations | 7.38M | 4.55M | 4.30M | 5.80M | 3.70M | 3.90M | 4.00M | 5.70M | 8.50M | 23.50M | 15.60M | 4.30M | 4.30M | 5.90B | 5.90B | 5.61B | 5.98B | 7.29B | 10.95B | 11.23B |
| Operating lease liabilities | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Deferred tax liabilities | 462.31M | 496.42M | 608.80M | 852.60M | 870.40M | 1.18B | 1.25B | 1.95B | 2.31B | 2.47B | 2.97B | 3.59B | 4.17B | 5.43B | 4.44B | 4.16B | 3.49B | 3.35B | 3.52B | 4.05B |
| Deferred income, non-current | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 18.20M | 36.50M | 26.10M | — | — | 7.10M | 0 | — | — | 151.30M |
| Minority interest | 600.30M | 600.75M | 573.70M | 755.70M | 944.50M | 1.10B | 1.37B | 1.61B | 2.46B | 2.64B | 3.84B | 3.75B | 3.28B | 3.61B | 4.04B | 4.23B | 3.88B | 4.54B | 6.95B | 6.59B |
| Change in accrued expenses | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Common dividends paid | -519.16M | -1.37B | -968.20M | -2.00B | -2.36B | -3.17B | -3.83B | -4.62B | -5.47B | -6.94B | -7.64B | -9.47B | -12.18B | -10.49B | -21.21B | -4.99B | -17.63B | -19.36B | -25.36B | -31.09B |
| Preferred dividends paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
